41st Street & Lake Avenue Investment Property

1600 W. 41st Street, Sioux Falls, SD 57105
3,100 SF
$933,333
Retail, Investments for Sale
4 Photos
Raquel Blount, SIOR
Raquel Blount, SIOR
Jordan Rieffenberger, CCIM, SIOR
Jordan Rieffenberger, CCIM, SIOR
Investment Property For Sale
Sale Price
$933,333
Cap Rate
6.75%
Year Built
1981 (Building renovation in 2011 and interior remodel in 2017)
Building Size
3,100 Square Feet
Site Size
0.41 Acres / 17,889 SF
Current Occupancy
100%
Zoning
C-2 Commercial
Location Highlights
  • 1600 W 41st St, Sioux Falls, SD 57105
Description

Lloyd Companies is pleased to present the opportunity to acquire an investment property located at the intersection of W. 41st Street and S. Lake Avenue in Sioux Falls, SD. The site consists of 17,889 square feet (0.41 acres) and a 3,100 square foot retail building. The property is currently 100% occupied by a single tenant, Phone-n-Fix. Phone-n-Fix is a wireless repair and retail expert, and has five stores throughout Sioux Falls, SD, Fargo, ND, and Ankeny, IA. Contact Broker for additional details.

Location
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